New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-04-01
MIR. FAIRCHILD;;.TO BIZ SECRETARY.
TWO TREASURY APPOINTMENTS MADE.
JUDGE MAYNARD NAMED FOR THE ASSISTANT SEC
RETARYsHIP IN Mr.. FAIRCHILD's PLACE.
fBT TELEGRAPH TO THE TRIBUNE

RgTARYsHIP IN MR. FAIRCHILD's PLACE.
fBr TELEGRAPH TO THE rRIBUSE1
WASHINGTON, March 31.-The appointment OF
Mr.. Fairchd Is Secretary of the Treasury was for
mally announced tonight Having for weeks ceased
10 De matter of conjecture the appointment causes
little comment. Mr. Fairchilds refusal to serve on
the Interstate Commerce Commission left practically
no other way open the President to solve rather
difficult problem On the one hand he wished TO
yieii tn Western demands by the appointment OF
Wes IN man or at least Eastern man with Western
idea, of finance and the other hand be desired to
avoid offending Mr.. Manning and his trends, VINO
were known to favor Mr.. Fairchild and who wonld
have resented the nOmin nation OF another man over
Mr. Fairchilds head without at the same sme advac-
ing the atters political fortunes in substantial man
ner in another direction. NJ. Fairehids determina-
tion not to be crowded off in this manner and the in
TINA given ont by his friends that he would resign
in case he was neglected. finally induced the Presi-
dent to make the hest Of a bad bargain Inc TACT
that the Secretaryshp offered TO Mr.. Carlisle and
was refused and that overtres were made 10 one OF
two other men before the President made MS hhsi
choice hardly be flattenDg 70 the new Seefei"fy
OF the Treasury.
Charles Stebbins Fairchd was born at Cazenova,
New-York, April 30, 1s42. His iather was ior many
wears the tttorney for the New-York Central Rail-
road and is one OF the eminent men OF Central New
York. The Secretary OF the Treasury received MS
early education at the Methodist seminary Nv Caze-
novia and entered Harvard College IN iso9 beng
q, aduated from that institution with the class OF
1863. He then attend,d the Harvard Law school
and was admitted to the bar IN 1860. He joined tue
famms firm of Hand. Hale Swartz & Fairs hid, one
of the most successful law firms in the State in
1874 he was appointed Deputy Attorney-GeneIal,
by Attorney -General Pratt In the ensuing year ne
was nominated by the Democratic Contentcn lor the
Attorney Il eneralsbip and elected. lie served III
this capacity tor two Years. In 1878 ne Visitcd
Europe Upon hisyeturn in 1880 he engaged III the
practice OF law in NewYor CITY and continued there
till called to the Assistant Secretaryship Oh the
Treasury in 1850.
Judge Maynard the Second Controller mas peen
appointed 70 fill the vacancy caused by MT. rair-
child's promotion. as Assistant Secretary oi me
Treasury he will get 500 less than as controller the
paw of the former office being only Pi,oco year,
willie that Of the latter Is $1,000. Ills preference ior
the new place. however, Is easily explained upon 'nc
ground Of it's greater Importance ana the chahce Oh
making Il record which is but slight IN the position
of Controller The Assistant secretary, VINO il III
charse OF tho customs Cases. yields great power MS
decisions involve ;eariy millions oil dollars mere
are few prominent business houses winch are not at
one tine or another compelled To transact BUSINESS
with tie Assistant Secretary Next To lne secretary
he - probably the most Important oHlcer Oh 'ne
Treasury though the salaries OF others exceed his
In the matter of appointments Inc po5itloh DUCTS
but little though that WAS probably not cohsuereu
hy Judee MAYNARD when be accepted the place. AS
Controllcr he has made an cnyiabe record. belns
uniformly praised tor his ability, ia'rminde.ness ana
attention To the duties OF his office Judge MAYNARD
had been First DEPUTY Attorney General OF New
York ISgo years prior TO his appointment tv the
Federal Service he was tie Democratic candidate
for Secr.tary of State of New-iork. but was de-
tcated owing il is said. to bic prohibition reeold
His home is in Delhi New-lork.
kor othsr Uashtngton N,ics see Sec0Rd rage